Current Attempt in Progress Wildhorse Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Net Realizable Value per Unit Units Cost per Unit Cameras 5 $156 $158 147 7 150 Minolta Canon Light Meters Vivitar Kodak 12 103 127 108 9 130 What amount should be reported on Wildhorse Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $ Save for Later Attempts: 0 of 3 used Submit